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Coca-Cola Also Expands its Replenish
Africa Initiative To Bring Safe Water Access to 6 Million People Across the
Continent by 2020

WASHINGTON, Aug. 5, 2014 – The Coca-Cola Company and its African bottling partners today
announced a new investment of US$5 billion during the U.S.-Africa Leaders
Summit here. The investment, to be made
over the next six years, increases its total announced investment in Africa to
$17 billion from 2010 to 2020. The
Company and its bottling partners anticipate that this investment will fund new
manufacturing lines, cooling and distribution equipment and production; create
additional jobs and opportunities across Coca-Cola’s African supply chain; and support key sustainability initiatives
and programs focused on safe water access, sustainable sourcing, women’s
economic empowerment, community well-being and operational efficiency
improvements.

“As an organization that has
been part of the economic and social fabric of Africa since 1928, we and our
local bottling partners have seen, firsthand, the great promise and potential
of this dynamic, growing and vibrant continent,” said Muhtar Kent, Chairman and
CEO of The Coca-Cola Company. “Even as we see
tremendous growth potential in Africa, we know that the strength and
sustainability of our business are tied directly to the strength and
sustainability of the African communities we proudly serve.”

The
Company has also signed a Letter of Intent to launch Source Africa, an
initiative to secure more consistent and sustainable local ingredient sourcing
for its products in partnership with the New Alliance for Food Security and
Nutrition and Grow Africa. The
initiative will initially focus on sustainable mango and tea production in
Kenya; citrus, mango and pineapple production in Nigeria; and mango in Malawi. Longer-term, the program could expand to focus
on sustainable ingredient production in Ethiopia, Senegal, Tanzania and
Mozambique. Source Africa builds on the
experience of Coca-Cola’s work in sustainable agriculture, including Project
Nurture, an $11.5 million partnership supporting 50,000 small-scale fruit
farmers in East Africa to sustainably grow their crops and income.

Kent added, “As a business, we’re committed to creating public
value and helping our communities overcome development challenges. In Africa, we believe we can do more to source
agricultural ingredients locally, with significant supply potential that’s
underdeveloped and underutilised. Tapping
this potential could accelerate the growth of our business and Africa’s
emerging economies, making our supply chains more cost effective and enabling
sub-Saharan Africa to supply more ingredients to growing markets in Africa and
beyond.”

At
the Summit, Kent also announced that The Coca-Cola Africa Foundation (TCCAF)
will expand its Replenish Africa Initiative (RAIN)
through 2020 to support Pan-African safe water access and sanitation programs
for an additional 4 million African people. This new expansion adds to TCCAF’s original
RAIN commitment to bring safe water access to 2 million people across the
continent by 2015.

Through the RAIN program
expansion, TCCAF and its public and private partners will work to improve
sustainable safe water access for 6 million Africans; economically empower up to
250,000 women and youth; promote health and hygiene in thousands of
communities, schools, and health centers; and return up to 18.5 billion liters
of water to nature and communities.

To date, TCCAF has made
investments and collaborated with more than 140 partners to reach 2 million
people with sustainable, safe water access across at least 37 of Africa’s 55
countries by the end of 2015.

The Company and its Foundations also remain committed to other
programs focused on improving community well-being and women’s economic
empowerment in Africa, including:

Project
Last Mile: In June 2014, Coca-Cola, its Foundations,
and public and private partners announced a $21 million expansion of the
medical supply delivery program to an additional eight African countries over
the next five years.

5by20: To date, Coca-Cola has reached
more than 370,000 women entrepreneurs in 18 African countries through its 5by20 economic empowerment initiative. Since
5by20 launched in 2010, more than 550,000 women entrepreneurs in the global
Coca-Cola value chain have been economically empowered on the initiative’s
journey to reach 5 million by 2020.

EKOCENTER:
In 2014, Coca-Cola is piloting its public-private partnership to bring
sustainable community markets operated by women entrepreneurs in six countries
in Africa, Asia and North America.

About
The Coca-Cola CompanyTheCoca-ColaCompany(NYSE:
KO) is the world's largest beverage company, refreshing consumers with more
than 500 sparkling and stillbrands. Led byCoca-Cola, one of the world's most valuable and recognizable brands, our Company's portfolio features
17 billion-dollar brands includingDiet
Coke, Fanta,Sprite,Coca-ColaZero,vitaminwater,Powerade,Minute Maid, Simply, Georgia and Del Valle. Globally, we are the No. 1
provider of sparkling beverages, ready-to-drink coffees, and juices and juice
drinks. Through the world's largest
beverage distribution system, consumers in more than 200 countries enjoy ourbeveragesat a rate of 1.9 billion servings a day.
With an enduring commitment to building sustainable communities, our
Company is focused on initiatives that reduce our environmental footprint,
support active,healthy living, create
a safe, inclusive work environment for our associates,
and enhance the economic development of the communities where we operate. Together with our bottling partners, we rank among the world's top 10 private employers
with more than 700,000 system associates. For more
information, visitCoca-ColaJourney atwww.coca-colacompany.com, follow us on Twitter attwitter.com/CocaColaCo, visit our blog,Coca-ColaUnbottled, at www.coca-colablog.com or find us
on LinkedIn at www.linkedin.com/company/the-coca-cola-company.

TheCoca-ColaCompany(NYSE: KO) is the
world's largest beverage company, refreshing consumers with more than 500
sparkling and stillbrands. Led
byCoca-Cola, one of the
world's most valuable and recognizable brands, our Company's portfolio features
20 billion-dollar brands including, Diet
Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, POWERADE, Minute Maid,
Simply, Georgia, Dasani, FUZE TEA and Del Valle. Globally, we are the No.
1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice
drinks. Through the world's largest beverage distribution system,
consumers in more than 200 countries enjoy ourbeveragesat a rate of 1.9 billion servings a day. With an enduring
commitment to building sustainable communities, our Company is focused on
initiatives that reduce our environmental footprint, support active,healthy living, create a safe, inclusive
work environment for our associates, and enhance the economic development of
the communities where we operate. Together with our bottling partners, we
rank among the world's top 10 private employers with more than 700,000 system
associates.